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Reliance Infrastructure looking for Russian partner to build submarines

India’s Reliance Infrastructure is scouting for an international joint venture-cum-technology partner in Russia to locally manufacture nuclear-powered submarines and stealth warships at Pipavav in Gujarat. Reliance Infrastructure has the 18 percent stake in Pipavav Defence & Offshore Engineering. The Reliance Infrastructure is keen to finalise an international technology partner at the earliest as it is likely to pitch for the India’s Rs 60,000-crore defence contract for locally manufacturing six nuclear submarines.

Source:http://economictimes.indiatimes.com/news/defence/reliance-infrastructure-seeks-russian-partner-to-make-submarines-ships-at-pipavav-defence/articleshow/47378236.cms

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